Six Park Performance Update: June 2022

Global share markets fell again in June as concerns about inflation, rising interest rates and the war in Ukraine continued to weigh on markets. We continue to stress that investing is a medium to long-term process, spanning years for most investors.

History shows that markets go through up and down cycles over time, and tend to reward patient investors.

Importantly, we are monitoring global economic conditions very carefully. We remain of the view that the optimal strategy during bouts of volatility is being invested in a diversified portfolio that has the appropriate risk/return settings for your personal situation, unless absolutely required to consider otherwise.

June 2022 Performance Update

June 2022 was a challenging month for global share markets. The US benchmark S&P500 was down 8.4% for the month, and is down over 20% year-to-date. Additionally, the ASX200 benchmark was down nearly 9% in June.

Six Park’s portfolios fell 3.2% to 6.2% during the month, less than the above benchmarks in part due to the diversification across various asset classes, some of which performed better than the S&P500 and ASX200.

Six Park Essential Portfolio Performance – June 2022

_Notes:

_{(1) Past performance is not indicative of future performance.}

_{(2) All figures are illustrative in nature based on notional $50,000 portfolios which are assumed to have been fully invested at the start of the relevant period. Your actual investment performance may vary depending on factors such as the timing of your investment with us.}

_{(3) All figures are pre-tax but net of Six Park’s and applicable ETF fees. The results are based on closing prices for each ETF, not NAV. They assume dividend reinvestment (at month end) but do not include dividend imputation, cash holdings or annual rebalances.}

_{(4) 1 and 3-year returns are annualised}

Asset class performance

The asset classes utilised in Six Park’s portfolios had returns for June that ranged from -8.8% (global unhedged shares) to 0.08% (Australian cash yield).

It was a challenging month for virtually every asset class, which happens periodically over time, such as during February/March of 2020 at the onset of the global pandemic. Markets eventually recovered from that pandemic-led fall (indeed the S&P500 dropped to 2,304 and is currently at 3,847 as of 19 July 2022). History shows that markets will also recover from the current correction, but it remains to be seen how long this will take.

Read more about Six Park’s selected ETFs.

_Notes
^{(1) Results reflect ETF closing prices, not NAV, so may differ from those published by the ETF issuers.}

^{(2)  Results reflect asset class performance for ETFs used in Essential portfolios. Performance for sustainable ETFs is broadly in line with the results shown.}

Six Park Sustainable Portfolio Performance – June 2022

In June our Sustainable portfolios performed roughly in line with the Essential portfolios.  Note that while our Sustainable portfolios are designed to perform in line with our Essential portfolios, over time, there may be periods of relative outperformance and underperformance.

_Notes:

_{(1) Past performance is not indicative of future performance.}

_{(2) All figures are illustrative in nature based on notional $50,000 portfolios which are assumed to have been fully invested at the start of the relevant period. Your actual investment performance may vary depending on factors such as the timing of your investment with us.}

_{(3) All figures are pre-tax but net of Six Park’s and applicable ETF fees. The results are based on closing prices for each ETF, not NAV. They assume dividend reinvestment (at month end) but do not include dividend imputation, cash holdings or annual rebalances.}

Investment Advisory Committee Market Commentary

If you are feeling concerned about your investments during this period of market volatility we recommend you read our recent IAC comments for further insights.

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